San Antonio Fire & Police Pension Fund approved three new commitments totaling $75 million.
The $3.8 billion pension fund's board at its June 28 meeting approved commitments of $30 million to Charlesbank Credit Opportunities Fund III, a mezzanine debt fund managed by Charlesbank Capital Partners; $25 million to AG Twin Brook Evergreen Fund, a senior secured loan fund managed by Angelo Gordon & Co.; and $20 million to Covenant Apartment Fund XI, a value-added real estate fund managed by Covenant Capital Group, recently released meeting minutes show.
The pension fund previously committed $40 million to Charlesbank Credit Opportunities Fund II in 2019, $20 million to AG Direct Lending Fund IV in 2020 and $15 million to Covenant Apartment Fund X in 2020.
Cary Hally, chief investment officer, could not be immediately reached for further information.
